TOP STORIES THIS WEEK:

India Hikes PLI Budget for FY2025-26 to Boost Growth in Key Sectors

On March 3, 2025, India increased budget allocations for key PLI sectors, including automobiles, IT electronics, and textiles, to boost domestic production capacity.

Biometric Authentication for GST in India: Everything You Need to Know

The Goods and Services Tax Network (GSTN) in India has updated the biometric authentication process. Select promoters and directors of certain businesses have the flexibility to complete the required biometric verification at any GST Suvidha Kendra (GSK) within their home state.

Emerging Role of Tier 2 and 3 Cities in India’s Warehousing and Logistics Growth

India’s logistics and warehousing sector continues to expand in 2025, as the two sectors are expanding their foothold beyond metros, with tier 2 and 3 cities emerging as key supply chain hubs.

India’s GDP Growth Projected at 6.5% for FY2024-25: Second Advance Estimates

On February 28, 2025, India released the Second Advance Estimates of National Income, projecting 6.5% real GDP growth for FY 2024-25. The report also shows 9.2% growth in FY 2023-24, the highest in 12 years, excluding the 9.7% post-pandemic surge in FY 2021-22.

India’s Growing Power Sector in 2025: Investor Outlook

India’s power sector, the world’s sixth largest, is evolving to meet rising energy demand with advancements in generation, transmission, and a shift to renewables

COMPLIMENTARY BUSINESS RESOURCES:

China Industries to Watch in 2025 Tapping into Growth Opportunities

This guide aims to walk foreign businesses through the annual audit and compliance process from start to finish, in addition to introducing China’s accounting framework in a comparative context.

Halal Markets Unveiled: Opportunities in Southeast Asia’s Economic Powerhouses

This latest issue of ASEAN Briefing magazine provides a detailed exploration of these opportunities in the Halal industry. Through country-specific analysis, regulatory insights, and actionable strategies, we examine the unique contributions of Indonesia, Malaysia, and Thailand.

UPCOMING EVENTS FOR ASIA:

India’s New Income Tax Bill 2025: Key Changes and What Foreign Businesses Need to Know

Webinar | Monday, March 17, 2025 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China

Unlocking India’s Artificial Intelligence and Data Centre Market in 2025: FDI Trends, Strategies and Compliances

Webinar | Wednesday, March 26, 2025 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China 

Doing Business in Indonesia: Key FDI Trends, US Tariff 2025 Impacts, and Reshoring Opportunities Across Industries.

Webinar | Tuesday, March 18, 2025 | 3:00 PM Jkt / 4:00 PM China / 9:00 AM CET